Condos, Community Associations & Apartments

Program for Condo's, Community Associations, Apartments and Lessors Risk Only

(Binding Authority to $50,000,000 in Property Limits!)

For our Garden style condominiums, cooperatives and homeowners association, we have arranged a program rate for the common area/clubhouse excluding residential units. The program is very competitive with the other stand-alone Boiler products and we have included higher sub-limits than are typically found with our competitors.

We will automatically offer you a quote for a combined Property Damage, Business Income and extra expense with a minimum limit of $5,000,000. We can offer optional combined limits of $10,000,000, $15,000,000, $20,000,000 or higher (up to $50 million). There is just one deductible for a combined loss as opposed to two with other companies. We have added a utility interruption endorsement back to the power grid as opposed to within 1,000 feet of described premises. These are just a few of our enhancements we have put together for this class of business.

For our hi-rise associations & apartments, we have arranged a program rate that is very competitive. Like the garden-style associations we can offer a combined limit of $5,000,000, $10,000,000, $15,000,000, or $20,000,000 all the way up to $50 million for Property Damage, Business income and extra expense subject to one deductible. Higher limits are available with a quick phone call. The utility interruption endorsement attached will also go back to the power grid eliminating that 1,000 feet of described premises. We do have a separate deductible for the hi-rises as described below: